Canada-based Adastra Holdings He faces a proposed class action lawsuit From a shareholder who claims the marijuana company made “misleading statements about its ability to sell cocaine legally.”
The notice of civil action was filed on March 9 in the Supreme Court of British Columbia also naming Adastra CEO Michael Forbes as a defendant.
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Forbes did not provide comment in a timely manner MJBizDaily’s Delivery time.
Adastra, formerly known as Phyto Extractions and based in Langley, British Columbia, denies the prosecution’s allegations.
On February 22nd, Adastra announced that it had received an amendment to its controlled substance and drug dealer license. Legal possession, production, sale and distribution Cocaine.
like MJBizDaily I mentioned earlier, the modified license Adastra was not allowed To sell cocaine to the general public.
A dealer license allows Canadian organizations to legally own and work with controlled substances.
Adastra’s February news release didn’t explicitly mention that the company plans to sell
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